Wells Fargo Agrees To Consume 100% Of Solar Energy Produced By Blackburn Solar Project

(RTTNews) - Wells Fargo, NextEra Energy Resources, and Duke Energy announced a 20-year renewable energy purchase agreement. Wells Fargo will consume 100% of solar energy produced by the Blackburn Solar Project, under Duke Energy's Green Source Advantage program.

The Blackburn Solar Project is a 58-megawatt 600-acre solar farm planned for Catawba County, North Carolina. The facility will be developed, owned, and operated by a unit of Florida-based NextEra Energy Resources, and is scheduled to come online in 2022.

The energy provided under the agreement will allow Wells Fargo to meet more than 50% of total electricity needs and 100% of its eligible load within the Duke Energy Carolinas service area.